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  • This lending functionality offers the following advantages:
  • Asset Utilization
  • Project Participation
  • Asset Retention
  1. In-App Functions

Borrow

Coming Soon

BeingFi will provide an in-app lending feature where users can utilize their assets as collateral to borrow other assets. With the borrowed assets, users can easily participate in applications or games offered by partnering projects on BeingFi while retaining ownership of their original assets.

This lending functionality offers the following advantages:

Asset Utilization

Users can leverage their idle assets by pledging them as collateral, allowing them to borrow additional assets and use them for various purposes.

Project Participation

By borrowing assets through the lending feature, users can actively engage in applications or games offered by partnering projects on BeingFi. This enables them to explore new opportunities, earn rewards, and interact with the project's ecosystem.

Asset Retention

While borrowing assets for project participation, users still retain ownership of their original assets. This allows them to benefit from potential asset appreciation or maintain their preferred assets for long-term investment strategies.

BeingFi's lending feature provides a seamless and user-friendly experience, empowering users to maximize the potential of their assets and actively participate in the ecosystem of partnering projects. Through this functionality, users can diversify their holdings, explore new opportunities, and contribute to the growth of various projects while maintaining control over their assets.

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Last updated 2 years ago